Monday 15th July 2024

NBCC awarded project worth Rs 100 crore

Jun 24th, 2024 8:03 pm | By | Category: LATEST NEWS

K. P. Mahadevaswamy

NBCC has recently received work order related to construction of new training centre & renovation of existing buildings of REC Institute of Power Management Training at Hyderabad.

The project cost is approximately Rs. 100.00 crore, out of which Rs. 60 crore is for Construction of new training centre, hostel, classrooms, auditorium, Kitchen/Dining facility, landscaping in the entire campus, etc. The remaining Rs 40 crore is expected to be spent on demolition of old/ unsafe existing elevated service reservoir, its new construction with modified design/ capacity and renovation of existing RECIPMT buildings comprising of office building, classrooms, hostel & allied buildings.

This is a first such assignment secured by NBCC (India) Limited by participating in tender through GeM portal as a seller. NBCC has secured this tender on Quality Cost Based System (QCBS) method by receiving highest marks after competing with other bidders through GeM.

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REC Institute of Power Management Training (RECIPMT) has a land measuring 14 acres in Hyderabad. With the award of executing this work, NBCC shall strive to facelift the old buildings and also to develop new infrastructure for equipping state of the art facilities within the institute.

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